MARLBOROUGH, Mass., June 4, 2007 /PRNewswire-FirstCall/ -- Raytheon
Company (NYSE: RTN) has been awarded the U.S. Navy's Multiband Terminal
(NMT) contract, which has a combined value during its lifetime in excess of
$1 billion for development and production.
Raytheon Network Centric Systems will develop, deliver, and support an
advanced satellite communication system consisting of shipboard and shore-
based communication terminals for the transformational communications
component of the Navy's FORCEnet architecture. The Navy expects to field
the terminals for operational test and evaluation in late 2009, which is
consistent with Department of Defense's plans to have its advanced
extremely high frequency satellite constellation in operation in 2010.
"This is a tremendous win that recognizes Raytheon's ability to deliver
a reliable, innovative, affordable and timely solution to meet the needs of
our Navy customer," said Colin Schottlaender, president of Raytheon Network
Centric Systems. "We spent over 13,000 hours of shipboard design effort to
ensure an easy-to-use and easy-to-maintain system and then demonstrated the
system for over 13,700 hours of failure-free operation -- far exceeding the
Navy's objectives. We're proud to provide this critical communications
system to the Navy, and we are confident that our terminals will measure up
to our highest mission assurance standards."
Raytheon Company, with 2006 sales of $20.3 billion, is a technology
leader specializing in defense, homeland security and other government
markets throughout the world. With a history of innovation spanning 85
years, Raytheon provides state-of-the art electronics, mission systems
integration and other capabilities in the areas of sensing; effects; and
command and control, communications and intelligence systems, as well as a
broad range of mission support services. With headquarters in Waltham,
Mass., Raytheon employs 73,000 people worldwide.
This contract award was originally announced by the Department of
Defense May 31, 2007.
Contact:
MB Hodgkiss
508.490.2607
SOURCE Raytheon Company
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Related links:
http://www.raytheon.com
CONTACT:
MB Hodgkiss of Raytheon Company,
+1-508-490-2607
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